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Cyber Attack or Data Breach
Cyber attacks are, and will remain, a top risk across all geographies and industry sectors. All leaders need a cyber game plan.
Industry Overview
Technology, Media and Communications
Seizing Opportunities in a Fast-Moving Environment
After a long run of rapid growth and relatively easy access to capital, the technology, media and communications industry faces growing headwinds and rising volatility. Business disruptions, changes in the way people consume content, cyber attacks, industry consolidation, intellectual property risks, mergers and acquisitions, environmental, social and governance (ESG) factors, and post-pandemic workforce issues all threaten operational resiliency and profitability.
Yet, while demographic, economic and geopolitical trends are converging to create an incredibly challenging operating environment, this is an exciting moment for business leaders who can manage risk, harness new technologies, and engage their people to capitalise on emerging growth opportunities.
At Aon, our teams have deep experience across all segments of the technology, media and communications industry—including content and digital platforms, semiconductors, software and hardware firms, and telecommunications—and we partner with clients to navigate complex risks, cyber threats, intellectual property disputes, reputational crises, shifting talent needs, and more, to protect assets, optimise performance, and achieve strategic objectives.
Top 5 Current Risks
According to our latest Global Risk Management Survey, the biggest risks facing the Technology, Media and Communications industry include:
Report
Pace Matters, but Only When Allied with Strategy
Leverage Expansion and Diversification
Against rapid technological advancement, economic volatility and significant human capital challenges, the TMC companies that will gain a competitive advantage are those that can build the necessary resilience and long-term vision across risk capital and human capital challenges.
More Insights
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Article 5 mins
Cyber Due Diligence Protects Deal Value in the Technology, Media and Communications Industry
Ensuring future operational resilience of an acquired TMC business during an M&A starts with getting cyber due diligence right.
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Article 6 mins
Intellectual Property: An Asset to Protect and Leverage in the Technology, Media & Communications Industry
Often overlooked, intellectual property is an asset in the Technology, Media & Communications industry that must have effective risk management to support an organisation’s overall operational resilience strategy.
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Article 7 mins
Using Data to Close Workforce Gaps in Technology Companies
Our research shows three workforce challenges specific to technology companies. We highlight ways to close these gaps — which is key to future industry success.
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Article 12 mins
Top Risks Facing Technology, Media and Communications Organisations
Technology, Media and Communications industry respondents to our Global Risk Management Survey (GRMS) ranked cyber attack or data breach and failure to attract or retain top talent as their two most critical risks.
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Article 4 mins
Climate Change: Plugging the Growing Risk Gap in the Technology, Media and Communications Industry
Technology, media and communications businesses need to understand how climate change threatens their operational resilience. Parametric insurance is becoming an important part of the solution.
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Article 6 mins
Equipping Your Workforce for Greater Resilience in the Technology, Media and Communications Industry
Within the fast-moving Technology, Media and Communications sector, workforce resilience is critical to operational resilience. The journey there involves understanding the key components of workforce resilience, how they can be measured and what initiatives promote greater resilience.
